Housing: Prices

Matthew Hancock: To ask the Secretary of State for Communities and Local Government what estimate his Department has made of the number of domestic dwellings valued at £2 million or higher in each  (a) local authority,  (b) parliamentary constituency and  (c) region.

Bob Neill: The Department has not made an estimate of the number of domestic dwellings valued at £2 million or higher. This estimate would require figures on the individual value of all domestic dwellings in each area. Such data are not held by the Department. Estimating the current capital value of individual domestic dwellings in each area would require a valuation/revaluation exercise. The Coalition Agreement rules out a domestic revaluation in this Parliament.